Smart Antifouling Coatings Market to Grow at CAGR of 23.80% through 2032; Growing seaborne trade to Propel Growth [Yahoo! Finance]
AKZO NOBEL N V S/ADR (AKZOY)
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Source: Yahoo! Finance
All of these factors are eventually driving the smart antifouling coatings industry. Newark, April 08, 2024 (GLOBE NEWSWIRE) -- As per the report published by The Brainy Insights, the global smart antifouling coatings market is expected to grow from USD 470.44 Million in 2023 to USD 3,978.42 Million by 2033, at a CAGR of 23.80% during the forecast period 2024-2033. The ship operators must ensure that the ship is protected, whether idle for long periods, in active service, or at risk of fluctuation between the two. The antifouling coating provides extended static protection from both soft and hard fouling, and it is considered a must for the shipping fleet worldwide. One study found that in 44% of the vessels surveyed, more than 10% of the underwater hull surface was broadly covered with hard fouling. Hence, it is eventually driving the use of the smart antifouling coating market. Request Sample PDF Brochure: https://www.thebrainyinsights.com/enquiry/sample-request/14103 Compet
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